Guideline Value for AADITHYA NAGAR

Aadithya Nagar guideline value

The current guideline value of Aadithya Nagar is Rs 330 per sq.ft, effective from 1 July 2024. This area is located in Peedampalli village, under the jurisdiction of the Singanallur SRO, and is classified as Residential Special Type - II.

How the guideline value of Aadithya Nagar has changed

The guideline value for Aadithya Nagar has seen several revisions over the years. The earliest figure available is from the 2017 revision, which was Rs 201 per sq.ft. This increased to Rs 300 per sq.ft in the 2023 revision, marking a significant rise of 49%. The latest revision in 2024 has set the guideline value at Rs 330 per sq.ft, reflecting a 10% increase from the previous year.

Overall, from the 2017 revision to the 2024 revision, the guideline value has increased by 64%. It is important to note that there are no figures available for the revisions in 2002, 2003, 2007, and 2012 for Aadithya Nagar.

Guideline values in Peedampalli

In Peedampalli village, there are 156 streets under the Singanallur SRO that carry a 2024 guideline value, ranging from Rs 110 to Rs 1,050 per sq.ft. The median guideline value for these streets is Rs 165 per sq.ft, making Aadithya Nagar's 2024 figure of Rs 330 per sq.ft notably above this median.

• Abi Gardens: Rs 165 per sq.ft (2024)
• Abirami Nagar: Rs 140 per sq.ft (2024)
• Adithya Gardens: Rs 220 per sq.ft (2024)
• Amman Nagar: Rs 220 per sq.ft (2024)
• Amman Sakthi Nagar: Rs 220 per sq.ft (2024)
• Annai Ganga Nair Township 1 to 4: Rs 165 per sq.ft (2024)

Stamp duty and registration fee for property in Aadithya Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 330 per sq.ft, the total guideline value would be Rs 3,30,000. The stamp duty, charged at 7%, would amount to Rs 23,100, while the registration fee at 2% would be Rs 6,600. The total cost for these fees would be Rs 29,700. It is important to note that duty is charged on the higher of the guideline value or the sale price. You can use our stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Aadithya Nagar?

Aadithya Nagar falls under the Singanallur Sub Registrar Office, located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Peedampalli

The guideline value is a crucial factor in the registration process of properties in Peedampalli. It serves as a benchmark for determining the stamp duty and registration fees payable when a property is bought or sold. Buyers and sellers must be aware of the current guideline value to ensure accurate calculations of these fees.

When a property transaction occurs, the guideline value is used to assess the applicable stamp duty, which is charged at a percentage of the higher value between the guideline value and the sale price. This ensures that the government receives the appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Aadithya Nagar?

The current guideline value of Aadithya Nagar is Rs 330 per sq.ft, effective from 1 July 2024.

How much has the guideline value changed over the years?

Since 2017, the guideline value has increased from Rs 201 per sq.ft to Rs 330 per sq.ft in 2024, representing an overall increase of 64%.

What is the land classification for Aadithya Nagar?

Aadithya Nagar is classified as Residential Special Type - II.

What are the stamp duty rates in Aadithya Nagar?

The stamp duty in Aadithya Nagar is charged at 7% of the guideline value or sale price, whichever is higher.

Where is the Singanallur Sub Registrar Office located?

The Singanallur Sub Registrar Office is located at Podanur Main Road, Vellalur, Madukarai Tk, Coimbatore Dt- 641111, Coimbatore registration zone.